The Goldman Sachs Group, Inc. $GS Shares Sold by RFG Advisory LLC

RFG Advisory LLC decreased its holdings in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 41.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,375 shares of the investment management company's stock after selling 1,684 shares during the period. RFG Advisory LLC's holdings in The Goldman Sachs Group were worth $2,402,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Strive Financial Group LLC increased its holdings in The Goldman Sachs Group by 316.7% during the 2nd quarter. Strive Financial Group LLC now owns 25 shares of the investment management company's stock worth $25,000 after purchasing an additional 19 shares during the period. BOK Financial Private Wealth Inc. raised its holdings in The Goldman Sachs Group by 188.9% in the second quarter. BOK Financial Private Wealth Inc. now owns 26 shares of the investment management company's stock valued at $26,000 after acquiring an additional 17 shares in the last quarter. Turim 21 Investimentos Ltda. acquired a new stake in The Goldman Sachs Group in the first quarter valued at approximately $25,000. Garton & Associates Financial Advisors LLC purchased a new position in The Goldman Sachs Group in the fourth quarter worth approximately $26,000. Finally, Steph & Co. acquired a new position in The Goldman Sachs Group during the 1st quarter worth approximately $27,000. Hedge funds and other institutional investors own 71.21% of the company's stock.

The Goldman Sachs Group Stock Down 1.0%

The Goldman Sachs Group stock opened at $1,018.80 on Friday. The company has a market capitalization of $296.64 billion, a P/E ratio of 15.72, a PEG ratio of 1.04 and a beta of 1.29. The company has a debt-to-equity ratio of 3.17, a quick ratio of 0.63 and a current ratio of 0.63. The Goldman Sachs Group, Inc. has a fifty-two week low of $740.01 and a fifty-two week high of $1,153.99. The stock has a 50-day simple moving average of $1,044.70 and a 200-day simple moving average of $975.30.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last released its quarterly earnings results on Tuesday, July 14th. The investment management company reported $20.98 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $14.47 by $6.51. The Goldman Sachs Group had a return on equity of 19.16% and a net margin of 15.53%.The firm had revenue of $20.34 billion for the quarter, compared to the consensus estimate of $16.22 billion. During the same quarter last year, the business posted $10.91 EPS. The firm's quarterly revenue was up 39.4% compared to the same quarter last year. Equities research analysts expect that The Goldman Sachs Group, Inc. will post 68.89 earnings per share for the current year.

The Goldman Sachs Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 1st will be issued a $5.00 dividend. This represents a $20.00 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Tuesday, September 1st. This is a positive change from The Goldman Sachs Group's previous quarterly dividend of $4.50. The Goldman Sachs Group's dividend payout ratio is presently 30.87%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. Jefferies Financial Group set a $1,299.00 price objective on shares of The Goldman Sachs Group in a research report on Wednesday, July 15th. Evercore reiterated an "outperform" rating on shares of The Goldman Sachs Group in a research note on Monday, July 6th. Keefe, Bruyette & Woods raised their price target on The Goldman Sachs Group from $1,050.00 to $1,130.00 and gave the company a "market perform" rating in a research note on Wednesday, July 15th. BMO Capital Markets lifted their price target on The Goldman Sachs Group from $1,070.00 to $1,190.00 and gave the stock a "market perform" rating in a report on Wednesday, July 15th. Finally, Morgan Stanley set a $1,145.00 price objective on The Goldman Sachs Group in a research report on Wednesday, July 15th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, The Goldman Sachs Group currently has an average rating of "Moderate Buy" and a consensus target price of $1,062.86.

More The Goldman Sachs Group News

Here are the key news stories impacting The Goldman Sachs Group this week:

• Positive Sentiment: Goldman Sachs is expanding its Canadian wealth-management and asset-management footprint through a deeper collaboration with IG, potentially increasing recurring fee revenue and broadening distribution. Goldman's IG Deal Expands Canadian Wealth Reach & AWM Scale
• Positive Sentiment: At Goldman’s technology conference, management and industry executives highlighted artificial intelligence as a major driver of future institutional investing, cybersecurity, fintech and capital-markets activity. This supports long-term business opportunities for Goldman’s investment banking, trading and asset-management divisions. Goldman Sachs Sees AI Reshaping Institutional Investing
• Neutral Sentiment: Goldman Sachs raised its price target on Coinbase to $219 and maintained a Buy rating, citing growth in derivatives, prediction markets, tokenized equities, lending, Base and agentic finance. The call demonstrates Goldman’s active coverage of emerging financial platforms, although the direct earnings impact on GS is limited. Goldman Sachs Increases COIN Target to $219
• Negative Sentiment: Sharmin Mossavar-Rahmani, Goldman Sachs’ investment strategy chief, plans to retire. Farshid Asl and Matt Weir will become co-heads of the Investment Strategy Group. The succession appears orderly, but the departure of a prominent senior executive may create short-term uncertainty for investors. Goldman Sachs investment strategy chief to retire
• Negative Sentiment: Chief economist Jan Hatzius warned that the AI investment boom will not continue indefinitely. A potential slowdown in AI-related spending could weigh on market activity, technology valuations and investment-banking opportunities, although the warning also reflects Goldman’s broader risk-monitoring role. The AI investment boom will not last forever

The Goldman Sachs Group Profile

The Goldman Sachs Group, Inc NYSE: GS is a global financial services company that provides investment banking, securities, asset management and wealth management services to corporations, financial institutions, governments and individuals. The company is headquartered in New York City and serves clients across North America, Europe, Asia-Pacific and other international markets.

Through its Global Banking & Markets segment, Goldman Sachs advises clients on mergers and acquisitions, capital raising, restructuring and other strategic transactions.

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